As of 2005 Census estimates, 1.0 percent of the US population is of American Indian and Alaska Native descent. This population is unevenly distributed across the country, with Alaska and New Mexico boasting double digit native populations.
Alaska 16%
New Mexico 10.2%
South Dakota 8.8%
Oklahoma 8.1%
Montana 6.5%
North Dakota 5.3%
Arizona 5.1%
Parisian Family Office, CEO. Started Wall Street, '82. Drexel Burnham alum. Founded Chippewa Partners, Native American Advisors, '95. Chippewa, raised on reservations. Conservative. NYSE/FINRA arb. Pureblood. Independent insight. Trading WON/CANSLIM methodology from PAMELOT, TN farm, GHOST RANCH, MT, on Yellowstone River, or CASA TULE', their winter camp in Los Cabos, Mexico. Always been, will always be, a relentless optimist with radical gratitude.
Wednesday, February 28, 2007
Tuesday, February 27, 2007
Interesting day on Wall Street............
I took about 4 hours of sleep last night and woke up to Bloomberg TV at 5 am. China was off about 9%. I rolled over and knew things were headed down in the U.S..........to be expected and overdue. There will be some chaos, no doubt some hedge funds will be in trouble and Wall Street trading desks will circle the wagons to feed on those clients, "near-death". Everybody loves a big loser on Wall Street, it makes the bonus's bigger.
My concerns are the health of the Chinese market infrastructure, the mortgage market here in the U.S. as option ARM's haven't stopped the foreclosure carnage, higher gas prices and leverage in the hedge fund universe. 416 Dow points aren't much. An old favorite of mine, Cogent (COGT) was up over 3% today, an amazing performance.
Ask yourself, what's changed?
Maybe the Goldman Sachs "guru's" who run the NYSE should invest some more money into some new Cray's. They need more computing power, not more specialist firms.
My concerns are the health of the Chinese market infrastructure, the mortgage market here in the U.S. as option ARM's haven't stopped the foreclosure carnage, higher gas prices and leverage in the hedge fund universe. 416 Dow points aren't much. An old favorite of mine, Cogent (COGT) was up over 3% today, an amazing performance.
Ask yourself, what's changed?
Maybe the Goldman Sachs "guru's" who run the NYSE should invest some more money into some new Cray's. They need more computing power, not more specialist firms.
Sunday, February 25, 2007
Southwest Indian Art Fair
I had the opportunity yesterday to attend the 13th annual fair in Tucson, Arizona.
There were 200-plus of the most renowned Soutwestern Native artists showing top-quality artwork including pottery, Hopi kachina dolls, paintings, jewelry, baskets, rugs, and blankets.
And the fry bread was excellent. A great show.
There were 200-plus of the most renowned Soutwestern Native artists showing top-quality artwork including pottery, Hopi kachina dolls, paintings, jewelry, baskets, rugs, and blankets.
And the fry bread was excellent. A great show.
Tuesday, February 20, 2007
Bill Lawrence on Sovereignty.............
Lawrence applauds the minimization of tribal authority. In his view, tribal sovereignty--the notion that reservations ought to be treated as mini-nations, immune from many federal and state laws--is at the root of what troubles Indian country today: bureaucratic graft, civil-rights abuses, staggeringly high rates of unemployment, widespread poverty, educational failures, social dysfunction. "Sovereignty is what maintains the status quo," Lawrence says.
To most fellow journalists, tribal leaders, and treaty-rights activists, Lawrence's position is veritable heresy. Since the Sixties, the Indian establishment has pushed for greater autonomy. And to a large extent, they have been successful, with tribes coast to coast taking hold of everything from education to law enforcement.
In Lawrence's view, this has served only to hold back his fellow Indians. Even casinos--the much celebrated "new buffalo," and the most tangible product of expanded Indian sovereignty in the past decade--rankle the publisher. "I think if we had an unbiased study of the effects of gambling, it would show a net negative," he opines. Then he cracks a wry smile. "That's why nobody's done it."
To most fellow journalists, tribal leaders, and treaty-rights activists, Lawrence's position is veritable heresy. Since the Sixties, the Indian establishment has pushed for greater autonomy. And to a large extent, they have been successful, with tribes coast to coast taking hold of everything from education to law enforcement.
In Lawrence's view, this has served only to hold back his fellow Indians. Even casinos--the much celebrated "new buffalo," and the most tangible product of expanded Indian sovereignty in the past decade--rankle the publisher. "I think if we had an unbiased study of the effects of gambling, it would show a net negative," he opines. Then he cracks a wry smile. "That's why nobody's done it."
TN hog hunting.............
The snow was nice. The sun out. I could hear them long before I could see them in the thick ivy close to Fox Creek. Their hair was long and they looked black with shades of gold and brown.
It sounded just like a pig lot in Minnesota. They were enjoying life. At the crack of the rifle they scattered like under-age beer drinkers at a frat party. The bullets never touched pig flesh and the mast-eating piglets won't make it to my barbeque spit. There's always next year.
It sounded just like a pig lot in Minnesota. They were enjoying life. At the crack of the rifle they scattered like under-age beer drinkers at a frat party. The bullets never touched pig flesh and the mast-eating piglets won't make it to my barbeque spit. There's always next year.
Monday, February 19, 2007
High-tech humor from one of my best friends, Susan!!!
THREE WOMEN, TWO YOUNGER, AND ONE SENIOR CITIZEN, WERE SITTING NAKED IN A SAUNA. SUDDENLY THERE WAS A BEEPING SOUND. THE FIRST YOUNG WOMAN PRESSED HER FOREARM AND THE BEEP STOPPED. THE OTHERS LOOKED AT HER QUESTIONINGLY. THAT WAS MY PAGER," SHE SAID. I HAVE A MICROCHIP UNDER THE SKIN OF MY ARM. A FEW MINUTES LATER, A PHONE RANG. THE SECOND YOUNG WOMAN LIFTED HER PALM TO HER EAR. WHEN SHE FINISHED, SHE EXPLAINED, "THAT WAS MY MOBILE PHONE I HAVE A MICROCHIP IN MY HAND." THE OLDER WOMAN FELT VERY LOW TECH. HOWEVER, NOT TO BE OUTDONE; SHE DECIDED SHE HAD TO DO SOMETHING JUST AS IMPRESSIVE. SHE STEPPED OUT OF THE SAUNA, AND WENT TO THE BATHROOM. SHE RETURNED WITH A PIECE OF TOILET PAPER HANGING FROM HER REAR END. THE OTHERS RAISED THEIR EYEBROWS AND STARED AT HER.
THE OLDER WOMAN FINALLY SAID " WELL, WILL YOU LOOK AT THAT, I'M GETTING A FAX!!
THE OLDER WOMAN FINALLY SAID " WELL, WILL YOU LOOK AT THAT, I'M GETTING A FAX!!
Wednesday, February 14, 2007
With love on Valentine's Day............
Today, tonight, celebrate life. Celebrate your family, your friends.
Chippewa Partners lost a great friend today. With great sadness and a heavy heart the call came this morning. My good friend went on ahead this morning and left the world a better place. I am thankful to have known him for decades, to have represented his interests in the financial markets and to know and love his family.
May the Creator bless the soul of Richard "Trapper" Rasmussen of Balaton, Minnesota.
Chippewa Partners lost a great friend today. With great sadness and a heavy heart the call came this morning. My good friend went on ahead this morning and left the world a better place. I am thankful to have known him for decades, to have represented his interests in the financial markets and to know and love his family.
May the Creator bless the soul of Richard "Trapper" Rasmussen of Balaton, Minnesota.
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